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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 56-66
  • Stocks decline, heading for weekly loss

    NEW YORK (AP) — The stock market moved lower Friday, heading for its first weekly loss since the start of August. Declines were led by energy and utility companies. Treasurys fell after news that retail sales in August rose faster than economists...
  • Pound to hold mostly steady vs. dollar, unless the Scots vote aye

    LONDON, Sept 3 (Reuters) - - Sterling should hold steady against the dollar in the coming year because financial markets have already priced in higher interest rates, according to a Reuters poll, but those forecasts could be scuppered in the still-...
  • Labor Day in jobs-starved Illinois

    Labor Day in jobs-starved Illinois
    Economists invoke "slack" when America's labor market fails to create enough jobs for those willing and able to take them. The result is an excess supply of labor. That "labor market slack"? That "excess supply of labor"? We're talking about real...
  • As ECB agonizes over QE, markets are already half way there

    LONDON (Reuters) - The European Central Bank has talked up the chances of launching a bond-buying program to ward off deflation and having led markets down that path there could be a serious adverse reaction if it does not follow through. ECB President...
  • India better prepared for eventual Fed rate hike, says RBI chief

    NEW DELHI (Reuters) - India is better prepared to handle the impact of interest rate increases in the United States as foreign funds are less likely to desert the country due to signs of an upturn in economic growth, its central bank chief said in an...
  • U.S. second-quarter growth strengthens

    U.S. second-quarter growth strengthens
    WASHINGTON (Reuters) - The U.S. economy rebounded more strongly than initially thought in the second quarter with a bigger chunk of the growth driven by domestic demand in a bright sign for the future. Gross domestic product expanded at a 4.2 percent...
  • BoE to beat Fed to the punch by hiking rates in first quarter

    LONDON (Reuters) - The Bank of England will be the first major central bank to lift interest rates when it makes a move early next year, jumping the gun on the U.S. Federal Reserve by a few months, a Reuters poll shows. The BoE will raise its Bank Rate...
  • U.S. consumer spending pauses, but rising confidence offers hope

    U.S. consumer spending pauses, but rising confidence offers hope
    WASHINGTON (Reuters) - U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary. Another report on Friday showed a sharp...
  • Consumer spending slips in July, boosting savings

    Consumer spending slips in July, boosting savings
    U.S. consumer spending unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years, a sign that households remain cautious despite an acceleration in economic and jobs growth. The Commerce Department said on Friday consumer...
  • How come nobody talks about the 'Obama bull market'?

    How come nobody talks about the 'Obama bull market'?
    It was widely noticed two weeks ago that the Standard & Poor's 500 index, the most important stock market indicator, hit a milestone by crossing 2,000 for the first time. It was somewhat less widely noticed that on that day, you would have notched a...
  • National Penn seeks money for acquisitions

    National Penn seeks money for acquisitions
    The biggest bank based in the Lehigh Valley appears to be getting ready to get a little bigger. National Penn Bancshares of Allentown, National Penn Bank's parent, will raise $100 million through the issuance of unsecured, fix-rate senior notes due in...